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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Mark Peterson CPA who wrote (130923)6/4/1999 8:34:00 AM
From: Rich Young  Read Replies (1) | Respond to of 176387
 
Not quite sure what to make of this, but the futures at least initially seem to love the numbers:

08:30 MAY JOBS REPORT SHOWS ECONOMY MAY BE SLOWING.
08:30 CONSTRUCTION SHEDS 40,000 JOBS IN MAY.
08:30 RETAIL ADDS 17,000 JOBS IN MAY.
08:30 MAY PAYROLL GROWTH SLOWEST SINCE BLIZZARD OF JAN. 1996.
08:30 APRIL PAYROLLS REVISED TO 343,000 FROM 234,000 PREVIOUSLY.
08:30 MANUFACTURING LOSES 45,000 JOBS IN MAY.
08:30 MAY SERVICE-PRODUCING INDUSTRIES ADD 103,000 JOBS, LOWEST SINCE AUG. 97.
08:30 MAY GOODS-PRODUCING INDUSTRIES LOSE 92,000 JOBS.
08:30 MAY AVERGE HOURLY EARNINGS RISE 0.4% TO $13.19.
08:30 MAY UNEMPLOYMENT RATE FALLS TO 29-YEAR LOW 4.2%.
08:30 MAY PAYROLLS GROW 11,000, FAR BELOW 232,000 EXPECTED.

edit: Now seem to have reversed the other way. .4% average hourly earnings increase probably the big concern.